SINGAPORE STOCKS ROUND-UP YEAR 2016: WHAT YOU SHOULD KNOW: How time flies, today is the last trading day for year…

How time flies, today is the last trading day for year 2016 and the STI Index, a benchmark indicator for Singapore stocks closed at 2,880.76. On the first day of the year (4 Jan 2016), the STI was 2,835.97 and hence for the whole year, the STI inched up by just 44.79 or 0.01%. The highest point of the STI was around 2,960 reached in April and December of year 2016 (around 4% increase) and the lowest point of the STI was around 2,530 (around 10% decline) in January and February of year 2016. Looking at the performance of the STI in year 2016 versus its performance in year 2015, we could note that the STI this year continue to be flat nowhere near the high of STI of more than 3,500 in April 2015. Amidst the flattish STI for year 2016, Investors who have bought …